Jet Airways Breaking out Downward Trendline (BUY)

١ سبتمبر ٢٠١٦

Yesterday, the price action broke out through the downward trending line on hourly chart, where it confirmed the retracement as well. Now today, it is been getting over from the previous break out levels that indicates trend continuation. I believe it shall reach to 61.8 retracement level of the said down ward move.

Target: 580
Stoploss: 525